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to be fiscally responsible and reduce the deficit. to make velft to grow our economy and to meet our obligation to our seniors, to our families and to our future and the republican budget fails all three. republican budget threatens our nation by undermining our economic growth and by shifting the financial burden for the deficit, and the deficit reduction, to our seniors and the middle class. republicans have made their choices clear, end medicare as we know it, adding costs to seniors today and ending the medicare guarantee tomorrow, slashing investments necessary for economic competitiveness and giving millionaires an average of $400,000 in tax breaks. republican budget eliminates protection for millions of our sickest seniors who depend on nursing home and home health services and republican budget will increase taxes for average middle-class families by $3,000. their choices will cost two million jobs next year alone and decrease economic growth by 1.7%. in contrast, the democratic alternative present serves -- preserves the medicare guarantee and makes investments in education, innovation
the economy grow more and more jobs be created because we have had the slowest recovery during this recession since any time after the world war ii, at least. very, very slow. but we have done something to a degree we have never done before, and that is borrow and spend to stimulate the economy. and someone has compared borrowing and spending to stimulate the economy to the idea of someone taking a bucket, scooping up water in one end of the swimming pool and pouring it into the other. you have got no net gain. the truth is you lose some of the water out of the bucket as you walk along the shore. in this case what we lose is, we lose interest on that debt indefinitely because there's no plan to pay down the debt. so this budget that's before us today does not balance, it does not put us on a sound path, it does not create confidence in the -- among the american citizens that the future is going to be sound, that we've gotten this country reoriented in a way that's going to produce long-term growth. indeed, it's going to do exactly the opposite. it's going to do exactly the opposite. it's goin
we all want to go. wwe want to have a growing economy, weal we want to deal with our deficit. these are challenging, complex goals. we can get there. even the action of this body last night in passing the fyn.2013 appropriations bill shows we can cooperate together and with the thousands get there. it is my hope that that will inspire us going forward. the question is this: we all agree that what has been done thus far in the area of deficit reduction equates to about $2.4 trillion of deficit reduction that has been done by the last congress, including the deal on the bush tax cuts that were made at year end. $2.4 trillion of deficit reduction over the next ten years. and all also agree that $is.8is- that $1.8 trillion was gutting expenses and a little more than $600 billion of this was revenues achieved through the year-end bush tax cut deal. so everwhelmingly what has been done thus far has been in spending cuts rather than new revenues. it is very important for us to know that. it is very important for folks to realize that democrats are willing to make are hard calls abo
to the sequester republicans will not replace. just as the economy is improving for our neighbors and small businesses back home. in contrast, the democratic alternative will cren rate 1.2 million more job, stop the sequester and in committee, democrats proposed to close those special interest tax loopholes that riddle our tax code, republicans said no. democrats proposed to offset unwise republican cuts to medical research like alzheimer's, cancer, diabetes research at n.i.h., republicans said no. democrats tried to cut the special interest spending in the tax code to offset republican cuts to students who rely on pell grants but republicans said no. mr. van hollen: i yield the gentleman another minute and a half. the chair: the gentleman is recognized. ms. castor: the democrats in the budget committee proposed to strengthen medicare and replace the republican plan to turn medicare into a voucher program. all it does is simply shift the cost tour families and older neighbors. mr. speaker, this republican budget is not consistent with american values. it is not fiscally responsible. it is a
safe financial move it could hurt young adults and economy as a whole. brenda buttner, anchor of "bulls and bears." i guess it's a story here is that young people are avoiding debt and not getting sort of themselves mixed up in some of these predatory practices that young people have been the target in the past. so had a part of the story is good, right? >> absolutely. during the great recession everybody stopped using their credit cards but particularly those under 35. especially undergraduates as you brought up. in a sense that is good, whenever you hear from a personal financial expert, get some extra money, pay off your credit card debt, but having no credit and misusing credit are two different things and could have potentially difficult implications for our economy and for these young adults. >> rick: i remember my mother telling me, go and get one credit card, buy something you need but get your books and put it on the card and then pay it off in full. that is the way to start establishing a good credit? >> who is your mom. eileen -- that is good advice to your son. that is exact
economy. that is the real engine of the economic prosperity. >>> plus the supreme court this week will hear two important cases concerning same sex marriage. shouldn't the black robe masters leave the important social decisions to the states and their democratically elected legislatures or referenda? let the people decide. "the kudlow report" begins right now. >>> first up, in recent weeks, he's become a conservative super hero icon. that following his triumphant speeches at the national prayer service and the cpac political conference. dr. ben carson has a message to roll back obama care, deal with the crushing national debt, and even a bib llically based call r a flat tax. that's what i love. is he the conservative that can save the gop? here is the aforementioned dr. ben carson. director of the pediatric division at john hopkins university. and with us this hour, cnbc contributors keith boykin. as always, dr. carson, great to see you. i'm reading one of many articles that you're retiring in 100 days. i wonder if you would share future plans, especially public service. >> i have
country at the forefront of the global economy. israelis understand the value of education and have produced 10 nobel laureates. [applause] understand the power of invention and universities educate engineers. that spirit has led to economic growth and progress. ,olar power, electric cars synthetic limbs, stem cell research that treat disease. computer technologies that change the way people around the world live. if people want to see the world of the future economy, they , home ofok at tel aviv research centers and startups. [applause] are active on social media. every day seems to be a different facebook campaign on where i should give a speech. [laughter] [applause] that innovation is as important to the relationship between the united states and israel for security. our first free trade agreement in the world was reached with israel, nearly three decades ago. twoy the trade between our countries is at $40 billion every year. [applause] more importantly, that partnership has created new products and medical treatments and pushing new frontiers of science and exploration. that is
is not buying it. and some economists are now saying that there's a shadow economy that could explain why the retail sales are rising despite static credit spending and paychecks. an explanation at last. at it all ahead unless breaking news changes everything. >>> from fox, at 3:00 in new york city, seven u.s. marines are dead and several others hurt after a training exercise in nevada. it happened at hawthorne army depot there last night. the military uses that base to store weapons and train troops. according to military sources, large mortar, like the one you see hour, somehow exploded. officials describe frantic scene. it was 45-minute chopper flight to the nearest trauma center in reno. today the white house says the president is watching the developments. >> the president's thoughts and prayers go to the families of those who were lost and those who are injured. we're obviously in the early stages of assessing the incident. it's a tragedy, clearly, and the president was briefed immediately on -- and made aware of it immediately and briefed on it, and we're monitoring the situation.
, the appropriate spending reduction so we can try to get this economy back on track. excitingt is an activity that is been on the house floor these past two days. we will likely pass that out of the house of representatives today. this is a budget by paul ryan that will allow us to get to balance. that means the government will stop sending more money than it takes in by the end of the decade, which is really exciting. what that allows us to do is to get the economy rolling, jobs being created and provide more certainty so young people coming out of college know there is going to be a job in their field. those in the workforce will know they will be needed. those in retirement, social security and medicare and those will be strengthened and security. an exciting time. guest: -- the: when it comes to continued resolution which funds the government through september, did it include sequester cuts that took effect earlier this month? spending atcludes the sequester level. there is flex ability for the military, department of defense and a few other areas that allow money to be moved to areas of
revenues. it would cut waste, add jobs and spur economic growth of the economy. it would reduce the deficit by an additional $1.8 trillion without jeopardizing the recovery or harming the middle class. it includes $1.2 trillion in new revenue obtained not by tax increases but by closing loopholes and eliminating wasteful spending that benefits the wealthiest americans and the largest corporations. it eliminates $4 billion in annual tax breaks to the oil and gas industry, an industry that is making profits. they don't need a tax break. in fact, they're making enormous profits. so, why does the ryan budget give them a government subsidy? the democratic plan invests in infrastructure, education, job training and innovation. it is designed first and foremost to help create jobs and strengthen the economy. the house democratic budget also makes critical investments in our future. $200 billion is invested in infrastructure, education, job training and innovation. helping to create jobs and strengthen the economy. these investments include $80 billion for an education jobs initiative, $50 billion
and the austerity he is putting in place has caused the economy to be really slow. >> a lot of tax increases over there in europe. we look at this austerity bit. i want to talk about this for a second. >> i want to get back to the budget then. >> talk about what is happening in washington. you know, economics discussed on tv or on the internet or on twitter, it's so depressing, because people really don't know what they are talking about and they just sort of boil it down and there is this belief through the years, that tax cuts are not a tool used. of course, tax cuts are a tool used and tax increases something that traditional are against in bad times. we hear about austerity across great britain and we never hear about the tax increases. when you talk about the fact they cut and slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases both take money out of the economy and slow the economy and, yes, they create this idea of austerity. but, look. it's a balancing problem. on the one hand you need to deal with it budgets and defici
for a retirement crisis even as the stock market sits near highs and the economy shows improvement. host: so we're getting your take on this. your retirement andization. tell us if you are and why and if you are not, why not? it's a story in the "usa today" as well this morning confidence in retirement continues to flail about this report, because americans have to cope with many immediate financial concerns retirement is taking a backseat. only 2% of workers and a% of retirees say retirement is their most pressing issues. among other worries -- host: at least many americans have a more realistic perspective about retirement says the senior vice president of retirement and investor services at the principle financial group. host: in arkansas, a democrat, are you saving? caller: yes, i save every penny i can get my hands on. host: 401-k or how are you saving? caller: c.d.'s and bank accounts that are ensured. host: why not put it in the market? caller: i can't afford to lose it. i've seen too many people lose their behinds and with what little money i've saved all my life, i can't afford to lose
popular. you have very high unemployment. you have a very weak economy. it was interesting that in the obama recovery, family income went down to $2,500 a year, where during the recession, income went down $1,500 a year. families were doing worse, yet in the campaign, obama ran an extremely good campaign, and he won despite his disadvantages and he won frankly in a predictable way. he made the election about his opponent. the romney people allowed obama to define romney. this was rather than romney defining romney, and that is why it is important for republicans to look back and say, what did we do wrong? the idea that the republican party is in some terrible shape -- certainly i do not buy that. i have seen terrible shape. i remember watergate, i remember when the 13% of americans identified themselves as republicans, and the national chairman appointed people to see if we should change the name of the party. for 40 years, the most number of republicans in the house was 192. today we have 230 something, and it is absolutely right to figure out what you did wrong, and the o
nation of cypress is safe for now. the last effort to bail out and save its economy, but the solution that has bank depositors and investors everywhere now nervous. the largest banks are taking up to 40% of all bank deposits more than 100,000 euros or $129,000 or higher leaving smaller deposits untouched. optimism over the deal initially pushed the s&p 500 to within a point of its all time high of 1565 in early trading. stocks told off the cypress bailout is a template for the ways in which the eurozone will address future bank problems and bailouts. the dow jones industrial average fell 64 # points, s&p down five, and the nasdaq lost ten points. on the domestic front, president obama called upon congress to, quote, finish the job on immigration. speaking during a citizenship ceremony at the white house, president obama stressed the importance of getting something done. >> we have known for years that the immigration system is broken, not doing enough to harness the ingenuity of those who work hard to find a place here in america, and after avoiding the problem for years, the time has
in a trillion dollars. you would still be left with a deficit and you would wreck the economy. martha: interesting lesson. stuart, thanks very much. we'll be watching it throughout the day as i know you will. let's look at bigger picture of europe's debt crisis. five countries needed bailouts from the european central bank and imf. greece, spain, ireland, portugal as stuart mentioned. germany the fifth biggest. great britain at number eight. france with the 9th largest. italy at number ten. they all shrunk in the last quarter of last year. europe is basically contracting. the eurozone is losing huge numbers of jobs. a record 19 million people are unemployed. it is a tough picture and one we need to watch closely here at home. bill: sure do. no telling when that thing will get straightened out. >>> more rough water for carnival cruise lines. another disabled ship of vacationers, limping back to port. legend arriving yesterday. a leading senator calling for a passenger bill of rights. what would be in that bill? peter doocy live in washington. what would this bill of rights do, peter? >
just a continuation of the same slump that had been afflicting the british economy since the end of the first world war. so they saw a situation in which the fruits of science and progress were not benefiting science concern society as a whole, and they concluded that the rational organization of science and society was the only way to change that. the other important factor was that scientists had far more international context than almost any other segment of society at this time. and so far sooner than most were very aware of the terrible evils of nazi germany beginning with the persecution and dismissal of all jewish scientists from german universities in 1933. blackett himself was involved as many of these british and american scientists were during this period in finding positions for refugee jewish scientists from germany in universities in britain and america. but i think their politics was far less important than their or brilliance, their commitment and their true fearlessness. the scientists in britain and america who would be involved in this effort included no fewer
economy and creates good jobs that american people need to support their families. we must balance our budget for our students. those who are currently in our universities and community colleges should feel confident that an investment in their education will lead them to good-paying jobs when they graduate. a balanced budget gives them that confidence that their future will not be threatened by staggering debt. most important we must balance our budget for our children and grandchildren who deserve the same chance of the american dream that we have been given. rather than handing them a bill for this generation's irresponsibility, a balanced budget will allow us to hand them a brighter future, an american future. our budget, a balanced budget, represents a departure from the status quo here in washington and it represents house republicans' commitment to moving our nation forward in a fiscally responsible way. i urge my colleagues to support this resolution and i yield back my time. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from maryland, m
of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are going to enjoy anything like our current quality of life. there is a real world intersection of budget saving opportunities with potential areas of agreement. health care reform is one. but not just by shifting the burden to seniors and disabled as the republicans propose in their fantasy budget. my home state of oregon is the middle of an exciting demonstration of how to squeeze out the waste we all know is there and realign incentives. instead of the empty ritual of pretending to repeal obamacare, let's work together to accelerate reform for all americans. if the oregon experiment works, and frankly many of these efeshencies by the way are already achieved in other parts of the country and with some private health systems, we could save more than $1.2 trillion that is the flawed sequester is suppos
long has been considered generous because new york's economy and demographic contours different from those the rest of the country. there is a country growing more diverse and independent as income and inequality sigh rockets, more americans find themselves working low wage service jobs, looking more and more like new york. many of the political problems we are grappling with, immigration, minimum wage, what the repost-recession economy should look like, policy, policing, are issues at the center of new york's mayoral race. my great pleasure to have with me four of the democratic candidates for mayor of the new york city, bill de blasio. sal albanese, former city councilman. bill thompson, former new york comptroller and nominee for mayor in 2009. john liu, current city comptroller. we reached out to christine quinn who is also running but could not join us today. gentlemen, thank you very much for being here. >> thank you. >> this trial, i think, is -- really explosive. and i thinks that really changed the contours the politics on this issue. i'm curious what your feeling is about w
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. requesa prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. >> at 22 minutes past the hour, i'm arthel neville with your fox news mine. italian president napolitano has reached out to the leader of italy's democratic party to try to form a new italian government. the eurozone's third largest economy has been politically deadlocked since no party won last month's general election. >>> president obama is in jordan, the final stop on his four-day visit to the middle east for talks with king abdullah wi
. make no mistake housing and -- two big drivers of this economy and i think we'll be pleasantly surprised when we get this housing starts number. of course, the fed bull from hell crowd will ratchet up their bets. that lightning will strike on wednesday if they see a strong number. and i think they will be, unfortunately, unpleasantly surprised when they see it because nobody in that crowd wants to see any good. i actually like things that are good. old fashioned. housing's so strong that it's lifting all boats including brunswick by the way and the housewares. so let's listen to william sonoma conference call on their earnings on tuesday to be sure the carryover's intact. now, i'm thinking this may be long in our ever expanding great index or maybe it's the greater gatsby index. i once bought a pot for like $200. it was a big, round cast iron, red thing and then i saw it at the jersey shore outlet for almost half the price. and i am still kicking myself. eighth anniversary, nothing's changed. now, we use a ton of gauges to measure things like retail sales and employment around
it again. cyprus is only the third smallest economy in the euro zone. if it has to devalue its currency, then do we have a domino fall and a fall in other places, spain, italy, and then do we see the whole thing going over with greece and the rest? >> and impacts us, and people may begin to take some of their money out of stocks here at home. >> what happens, people flee, basically, to quality. the dollar go up and treasuries being bought and see people getting out of risky things such as stocks. >> harris: you're the silver lining person on fox report weekend. you always find it for us and say later on in the week no matter what happens, if we feel a hiccup, if we don't, because of this week and cyprus and european problems over there, we have some good news coming? >> plenty to move the markets this week, and we have news on housing, both on prices and pending home sales and prices across the country and he we also have consumer confidence which has been quite high. so the housing rebound is something that's been pushing the bulls and they have been very resilient. we've seen them run
the decades- old privacy act to reflect our current digital economy. this hearing focuses on issues related to the lawful access to stored medications under current law. this committee will move toward modernization and reform after a thorough review and with input from all stakeholders. i look forward to working with all members on both sides of the aisle to modernize the electronic communications privacy act. >> thank you. the chair now recognizes the chairman and ranking committee of the full committee. wemembers of the committee, have heard in old -- in opening statements that were all for modernizing. this hearing could be very important with our witnesses telling us what kind of modernization we want. that is where this is all going. to hear both the chairman of the committee and the chairman of the subcommittee hit those points along with our ranking minority member, mr. scott. i have a list of digital due process coalition members, some 80 or more organizations with us on this. i would like unanimous consent to include this in the record. >> without objection. >> thank you. i conclu
that has to do with the smart investments that we know we need to get the economy growing again, those are off the table. big tax cuts for the wealthiest americans that has to be made up by somebody and we know who that somebody is. >> thank you for coming in. there is no huge surprise that the ryan budget overwhelmingly passed in the house or that it failed in in the senate, but three senators voting against it, rand paul, ted cruz, mike lee. that's a new thing, tea partiers saying i'm even more conservative than paul ryan. is that the message? >> yeah. that is the message and also 2016 is the message. two of those three folks you mentioned have presidential ambitio ambitions. the rhine why we're in this situation in the first place is the inability to come together and pass a real budget. and really we see a new base rhine where these big tee bates are taking place, but the new sort of normal is the spending levels that were set by sequestration. and so yesterday we did see congress pass, pass a continuing resolution, pass a stopgap spending bill that went to the white house. and it
a two day meeting on the economy this afternoon. then fed chairman ben bernanke will hold a news conference. we will have live coverage of his remarks to reporters at 2:30 eastern on c-span3. here's some of what we're covering this morning. the house is expected to finish work on the republican budget of the 2014 budget. live coverage of 10:00 eastern on c-span. on c-span2, the senate is working on a measure to fund the federal government for the rest of the fiscal year. testifying about the ongoing two year civil war in syria. that live hearing starts at 9:45 eastern. this week marks the 10th anniversary of the start of the iraq war. in 45 minutes we will talk with california representative barbara lee, who opposed u.s. military action in iraq. and a congressman who served as a u.s. air force reserve chaplin, we will get his perspective on the war and veterans' issues. will, a virginia senator join us as part of our spotlight on magazine series. he writes about the role of congress in u.s. foreign policy. we will also take your calls, e- mails, and host: good morning, and welcom
taxpayers. in 1990's president clinton worked with a republican congress to grow the economy and to restrain spending. in the 1990's, the balanced budget agreement actually resulted in a much faster balanced budget than anybody anticipated. balancing the budget was a major accomplishment for republicans in the 1990's, and also part of president clinton's legacy. i would hope that president obama would learn from that. the american people overwhelmingly support balancing our budgets. and the budget the senate democrats are considering never balances, ever. that means more debt, fewer jobs, and, frankly, much higher taxes from the american people. we certainly hope the president will change his mind and submit a plan that actually balances the budget. let's be clear, the democrats in this town who reject the goal of balancing the budget i think were out of step of where the american people are. the american people know you can't continue to spend money you don't have. i didn't come here for a fancy title or big office. i want to hand my kids and grandkids the same shot at the american dream th
there. the economies there were slow and germany the fifth biggest. great britain at number eight. france the 9th largest. all shrink shrinking in the last quarter. that is not what you want. entire eurozone by the way losing huge number of jobs. a record 19 million are unemployed. martha: deadly storm causing serious problems across the south. areas of alabama got pummeled with large hail. some of it was the size of baseballs. that is an unusual sight. that is what they had there. high winds causing issues in georgia. thousand people waking up without power there. national weather service say the storm destroyed a store and a dozen homes. look at the wreckage on the ground. one man was killed when the wind topple ad tree on to his car. bill: we had whiteout conditions here in new york city last night and a new round of snow making for a tough commute across the northeast. new england could see the worst of it. that region getting hit with several major storms over the winter. it could get up to 20 inches of snow by the time this storm passs? maria molina live in the fox severe we
: without knowing the structure of the new bedford economy, it is experiencing what a lot of people are experiencing. depending on the industries, you are a winner or loser depending on the structure of your economy. places that are strong in are growing.ces information sector, utilities. these are areas that have not been growing. host: talk about new england. aest: i grew up outside of town in massachusetts. it has similarities to new bedford. .bout 100,000 people strong industrial heritage. it redefined and re-scope itself successfully over the last couple of decades. massachusetts recognizes that its older cities have these challenges. and i go home to visit, there have been efforts to revitalize the older cities. they have lots of charms. new bedford has a wonderful whaling history. has worked atry sincetizens -- census 1997. we are looking at population changes. our other guest is lisa sturtevant with guest: richey-- where mason university she is a p deputy analysis. let's hear from bob, south dakota, rural. caller: i have some comments. [indiscernible] we should look at our
and improve our economy. there is a direct link between investments and infrastructure and improvements in the economy. >> now, governor rendell, i want to -- you're a politician so you are able to deal with some of the rougher news. let's go where we got grades of c plus to c minus. rail, a big one. bridges really big. ports. public parks and rec. i know leslie noth will be sad about the c minus in parks and rec. big things. rail, bridges, and ports are three large scale, important things this country needs if we want to move, you know, and then look at d. dams d, energy d plus. aviation d. this worries me frankly. drinking water d. roads d. this is humbling. tell me what you make of it. i'm interested in your take as a former politician, a recovering politician maybe. every politician says they want to invest in infrastructure. i feel like it's in every state of the union address ever and yet look at the grades greg's organization is giving us for it. >> well, the truth is every politician says it but they don't act upon it. interestingly, stimulus because of the tiger grants gave a l
back their money only to see the economy falling apart. you're not winning on those issues, oath either, john. >> joan, you're so right. you are better on this than i am normally. equal pay for equal women. your party has been slow on that. >> i agree. i'm following our party. those are the changes that we should be making. here's what the real difference between the two parties in my opinion are. >> okay. >> the republican party has always said we're going to make sure you have opportunity that leads to unlimited success but not guaranteed success. that was the american dream. we've given that up because people say it's not attainable anymore and the democrats are selling we will give you guaranteed success but it's going to be very limited. >> who says that? >> no one guarantees success. >> find -- >> it's the governmental -- >> john, i don't know any democrat who talks like that. >> there's no no one who wants to guarantee success. >> i've never heard that anywhere. >> no, it's all about equal opportunity. we are about guaranteeing equal opportunity. we are about leveling the playing
, that reagan laid for the incredible ground work of the economy in the 1980's and 1990's. clinton helped to some extent, ut then he created and repealed glass-steagall, and everybody blames it on george bush. the conservatives who didn't do much for the letter peace, we tried to expand under karl rove, the voting process, and giving more to hispanic community, and we didn't get one increase in vote in that eight-year period so. what makes you think that we're going to give amnesty and all the set get a bunch of votes? it's fraud, and it's another really ploy by the democratic party to keep promising and benefits to everybody who will vote for them no matter what. scommoip we're going to talk about immigration in our next segment of the "washington journal" today. but we still have about five minutes left in this segment, if you want to call in to give us your take on this growth and opportunities report that was released today, or if you think hanges in the republican debates would have helped republicans in the 2012 election. a couple of other stories to point out, the front page of the
. >> we owe the country a balanced budget. it's a reasonable plan. grows the economy. balancing the budget is not just a sta stats tis particular call exercise. creates nor jobs. helps people keep more of their hard earned money when the other side is offering even more spending increases and tax increases. more borrowing. we are worlds apart. >> democratic proposals do not balance the budget. the fbi is investigating how on earth a man was able to pose as a pilot and gain access airways flight in philadelphia. police say the man had on an air france uniform and also an i.d. then he ended up in the jump seat right behind the airlines captain. he was caught when he failed to show his real credentials. the airline says that no passengers were ever in danger. >> that was a bizarre story. >> um-huh. >> the lie breafer congress has added 25 new songs, including this 1960's hit. ♪ come on, baby, ♪ let's do the twist. ♪ come on, baby ♪ let's do the twist. >> they said it became the excitement and energy. dick clark chubby checkers to record a new version of the song. it is more than two d
of that was the contribution that, well, we didn't have secure borders and at a time when the economy is cratering, all of a sudden it became a very dark process, we're eating our own tail. more jobs for immigrants may have meant less jobs for someone else. and the way you lead yourself out of that is, no, no, everyone has something to con tribute. let's get an immigration process that brings people who want to come here, who want to become americans, who want to contribute to this country not take from this country. and that's always been the republican message. fortunately, they allowed a few republican media consultants to stay. i'm happy about that. but our problems are bigger than just hispanics or women or young voters. our problems are that as a party, you're supposed to lead people over the horizon to a better place. and we for got that. we thought our principles were just good for saying no, to be the brake pedal on the car, not to get our hands on the steering wheel. but you're seeing that change. these past couple of weeks, you saw change in the cast of characters in the republican party. it
housing his tour economy. some estimate housing and related interest trees are rewording 25% of our economy. until the street of housing, our broader economy will not fully recover. this is a command is a important issue to all of us. i applaud bipartisan efforts on this committee with mr. campbell and mr. peters, mr. miller and ms. mccarthy in hopeless hearings to focus on related ideas. i look forward to hearing more today about your three-part strategic plan to build company pain and contract the gses. in your efforts for a single platform and standardize part says, i believe it's a great step forward, a great development. i also believe that your efforts to maintain foreclosure prevention activities and credit availability at refinance mortgages has been successful. i also want to applaud the work with harrop, the home affordable refinance program to promote prevention at today's has had successes. one by one blade refinances have been done which nearly equals the number of subway finances the prior three years. the focus on underwater mortgages is greater than 105 want to value
in there. >> i think elected officials need to be honest about the real challenge our economy is facing. we have a debt challenge. we have a congress that is pretty disfupgsal and governing by crisis after crisis after crisis. no attempt to make solutions. no attempt to spur growth in the economy. and we're spending our time focusing on these issues which have very real impacts for many people around the country. but if we were to focus on job security, economic growth, many of the social issues would take care of themselves. >> it is an economic issue for women and families. >> i'm scared it's going to remain a dominant issue because of other issues that have fallen to the wayside. immigration in 2010 was the the celeb for the tea party, for the right wing. everybody is on board. we're battling out the details. we're looking at gay marriage. we're seeing a trend of acceptance for gay marriage. >> here's what i don't understand. the republican party is about individual responsibility, smaller government, letting the person figure out for their own idea what they should do. millions of peopl
's key in the partnership. jordan is dealing with a bad economy and a flood of refugees from nearby syria. update you on any developments from the conference by president obama and king abdullah. >>> all right, the national rifle association is taking its fight against tighter gun control laws to court. the nra's new york state affiliate has filed a federal lawsuit challenging a gun control law signed by governor andrew cuomo in january. it strengthens the state's ban on assault weapons, limits ammunition magazines to seven bullets and tightens rules designed to keep the mentally ill from getting weapons. the nra says the state passed the measure with no committee hearing and no public input. >>> john lennon's widow is using social media to take aim at gun violence. yoko ono tweeted this picture along with several pictures including this one promptly retweeted by president obama's twitter account. it proclaims "over 1 million 57,000 people have been killed by guns in the u.s. since john lennon was shot and killed on 8 december 1980. >>> and just a few days after two teens in steubenville,
and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. because all these whole grains aren't healthy unless you actually eat them ♪ multigrain cheerios. also available in delicious peanut butter. healthy never tasted so sweet. >>> this morning, it's time to talk tech with mario's top three. today's digital lifestyle contributor, mario armstrong, has rounded up the biggest stories of the week in the world of gadgets, apps, and social media. mario, good morning. >> good morning. >> quickly show the socks. very socks. very cool. let's move on. march madness -- >> yes. >> -- you can't always sit in front of your tv. >> no. >> you want to check your bracket, you have great ways to do it. >> there's an app that's free, march madness live, so you can watch
of a little hoops in the office, john challenger says it's not even a blip in the overall economy, and that sequestration will have a far bigger impact. if at first you don't succeed, you know what they say. mcdonald's is rolling out something new on its menu: the chicken mcwrap. the chain has been trying a menu makeover to keep up with changing customer tastes & the competition. wendy's and burger king are adding their own healthy options. more about fast food competition later in our traders unplugged segment. home sales hit a hot streak early in the year. sales of pre-owned homes hit nearly 5 million in february, the highest in more than three years, and up 10% from last year, according to the national association of realtors. the median home price jumped nearly 12%, to more than $173,000. sales got boosts from a temporary $5,000 tax cut, fewer foreclosures, and low mortgage rates. the postal service gets a "return to sender" notice from the u.s. senate. remember when the postal service said there would no longer be saturday mail delivery as of august? that was one of the thing
: what does this do for oakland's economy? >> last year the economic impact was about $4 million. we expect it to be a little bit more this year. and also there is always the charity piece. number of charities are involved once again. we expect the race probably in the neighborhood of $400,000 for charity. >> reporter: you've got people coming here taking part in this race from all over the down from industry and the united states. the full marathon is the first race that will kick off here. that will happen a half hour from now at 7:30. we'll be here for that. for now we are live in oakland alex savidge ktvu channel 2 news. >> thanks. we do have more information about the race on our website just two to ktvu.com and click on hot topics. >>> secretary of state john kerry makes a surprise trip to baghdad. kerry has been meeting with the leaders with other middle eastern nations. earlier he traveled to saudi arabia and egypt. last week he accompanied president obama to egypt. this is kerry's first trip to iraq after becoming secretary of state. >>> pope francis celebrated his first pal
really matters to what is happening in europe. cyprus, 0.2% of the euro-zone economy. it's banking sector accounts for mostst economy. what is happening there has wall street's attention because of the precedent it may set for other struggling nations. also, russian business has about $19 billion in cyprus. that's according to mootiedy's. wall street happy with the plan in place right now. it's also the last week of the first quarter. check out your investments this morning. if you haven't looked in a while the you'll be pleased. the s&p 500 is up more than 9% over the first three months of 2013. you can see the rally took off from november of last year. 9% will be a solid return for the entire year. but it's happened only in the first three months of this year. the s&p 500 is up 11% over the past year overall. over and over, when is this going to end? that is nearly impossible to preticket. there is one ratio that wall street looks to and it shows that prices are still fairly valued right now, maybe even cheap at least historically speaking. look at this. this is something that measures
to bob beckel. celebrity apprentice one gets fired and china's emerging economy. they are about to over take us in 2018. ben carson will close the show. he's john hop kens neurosurgeon who may be our next president. see you soon. look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. >> good morning. it is 8 minutes before the hour. one time domestic terrorist and friends to the president bill ayers a visiting scholar at minnesota state university. school administrators are not concerned with his radical past. take note for this, you will soon be able to use your tablet and e readers during cakeoffs and landings. they will announce the new policy by the end of the year. cell phones will still not be allowed to be used during kickoff and landing. >> speaking of flying travelers beware. you can be aware you can be a prime target for scammers who want your money. courtney scott is here to let us know what we need to know. thank you
plagued by mudslides, rockslide, slip out. every time is at the close, the local economies have been devastated. this tunnel is a solution to a long-term problem. >> a rockslide a been a problem ever since highway one open up in 1937. more than 70 years and $149 million later, caltrans says drivers finally have a reliable way to get through this treacherous 1.3 mi. stretch of road. >> 7068 am and we will take a quick break and be back with headlines in just a moment. a live look at the san mateo bridge where traffic is moving all right. what's truly amazing about mercedes new mbrace2 system... is i can follow all my sports... catch the latest breaking news... keep in touch with friends... follow the financial headlines... find a great restaurant... and with siriusxm i can get weather forecasts... all from here. in my mercedes-benz. [ male announcer ] introducing mbrace2. the most comprehensive cloud-based telematics system on the road. it's your world, from your car. mercedes-benz. the best or nothing. start arwith the best. use usonly natural ingredient. makema something original. g
for everybody in our state. that was an amazing challenge when the economy ran into some much difficulty. we had in districts are representative, in the southern part, kokomo, we built chrysler transmissions there and had over 5000 people working, building those transmissions before the troubles it. after the troubles hit, it was almost down to zero. and in the northernmost part, an elkhart county, we countyr.v.'s for the world, and then diesel hit $4 a gallon and credit dried up. then the economy tight end. we had a large number of folks who were wondering how am i going to keep my job, how am i going to pay my mortgage, how am i going to be able to keep my house, the most basic thing. of the things that was designed in our state was to try to train people said that they had more of an ability than just to be working on it and not so skills position, and we set up with our community college system across the state, retraining programs so that they were able to run machines, able to learn advanced manufacturing. and just below the area where the r.v. companies were, was a manufacturinge area, an
would most certainly collapse. that could potentially threaten other national economies. these things are often domino effects as you know. greg palkot is live in london. what is the latest on this deal, greg. >> reporter: you're right, martha. people are scrambling blink to prevent another way for cyprus to go bankrupt and dragging rest of europe down with it. in the cypriot parliament, not a single member of parliament voted in favor of that plan. this plan could see as much as 10% taken out of private bank accounts to help bankroll that bailout. the vote was seen as a victory for the little guy but yes, now they have to find another way of getting the money. one way of getting the money may be go to moscow with hat in hand. cypriot officials were there today. rich russians taking advantage of lax banking regulations on the sigh land of cyprus invest a lot there. maybe as much as half of the deposits and investments are coming from russia. they're looking now for more loans from russia and maybe there are reports of selling off some things there. a bank. a maybe some energy rights.
china and its economy, and the deals it has cut in countries such as iran, pakistan, etc., you will see that probably is true. page of "thent washington times" yesterday is how china is the largest exporter of weapons. is that a direct link to what happened? guest: i think if you look at how china has positioned itself -- and they have every right to. we are the ones who i think made a strategic error. but if you look at how china has positioned itself economically to take advantage of what is coming out of all this chaos -- afghanistan as wl, pakistan as well. pakistan considers china it's number one friend. strongeru lk at the assertion in east asia of influence, you can see how china has benefited. our office was the leading proponent of what became known as the pivot to east asia while i was in the senate. i spent a lot of time in east -- and weefocused focused as much as we could on strengthening relations with japan, korea, vietnam, singapore, and changing the formula in burma and i led the first delegation into burma in 10 years or it -- in 10 years. by going into iraq the way we
, the people of california care about most right now: the economy. >> 71% of likely voters say getting control of the federal deficit should be the top priority for congress this year. 52% say immigration reform is a top issue. 42% say new gun control policies are the most important issues. and 33% say efforts to combat climate change should be the priority. >> 7:08. we know what sal's priority is keeping a close eye on traffic. >> okay. right now we are looking at a community much better than it was yesterday. we have slow downs obviously. let's take a look at the bay bridge. earlier minor crash. didn't last for too long. but the metering lights were turned on and slowed down for a bit. so it's a little worse than it normally is. backed up to the mc arthur maze. 30-35 minute delay. if there are no other problems on the bridge, this will begin to wind out and by 8:00 see an improvement. this morning's commute has been busy on 880 between hayward and fremont. we're talking about the livermore valley as well. westbound 580 slowing coming in over the pass. but no problems into castro valley. let'
to the local economy. >> especially the first two days of the ncaa tournament, a lot of upsets, you can hear all the buzz. people are pretty fired up here. fun environment. good couple of days for sure. >> it wasn't all good news for bay area teens. while cal advanced, st. mary's lost to memphis, almost coming back, 54-52, the final score. a tipoff scheduled for 6:40 tomorrow night. the 12th seat, definitely the underdogs. syracuse pounded montana, 81- 34. wow, the other big upset i have to mention, harvard seeded 14 14th, upset 3rd seat new mexico. harvard has only been in march madness three times, and this is the only time they've won. >> time now, 7:55. sal, i need you to behave yourself during this next game. >> okay. i will. i will. >>> good morning, everybody. let's go outside. i want to talk about the traffic that's getting busier to the commute. northbound, seeing people showing up past the coliseum. also, the bay bridge toll plaza we have a backup that's getting better. we had a slowup but now it's getting better. 880 is slow this morning, although that's improving well on the way
causing big problems for the global economy, and now lawmakers in cyprus are racing against the clock to fix their own problems. the bunks are still closed. there's talk of government taking money from people's bank accounts. don't know where the russian mob is but they're the problem. any attempts to fix things seems to be making matters worse. we'll get a live report from cyprus. >>> a woman in georgia, as in atlanta, georgia, says a teenager tried to rob her, and when she said she had no money, he shot her baby dead. now police say they're about to make a very big announcement and we'll have that next. look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a reverse mortgage
that relies on government money. >> we know we're going to lose probably $4 or $5 billion in the local economy and they are going to continue next year as well. >> reporter: they are still hoping congress will act and fast. >> congress, get it together and let's do it tomorrow. let's do it it really soon. you're talking 14 days out of my life i will not get paid for. >> reporter: athena jones, cnn, washington. >>> heartbreak this morning as authorities try to figure out what caused an airport flight display board to collapse on a family. the freak accident killed a 10-year-old boy critically injuring his mother and hurting his two brothers. it happened in a new section of the birmingham airport in alabama. it took six men to lift the sign. larry snider was one of them. >> the family was crushed. the little kids crushed underneath the sign. and everybody was scattering to lift it up. i helped lift it up and pull people out. >> the family was returning home to kansas from spring break in florida. >>> a wild police chase and shootout that ended in texas jump starting a complex murder investigatio
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